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Misplaced Applications of Economic Theory to the Middle East

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  • Steven Plaut

Abstract

Tyler Cowen in this issue proposes an application of public choice and game theory as a means of understanding the Middle East conflict and viewing the ``Road Map for Middle East Peace''. Cowen's approach is not based on appreciation of the ``hidden agendas and rules of the game'' that are present in the Middle East. Economic theory may indeed usefully contribute to understanding aspects of the Middle East war, but through different avenues and in different directions from those suggested by Cowen. In this paper I suggest a view consistent with the institutional characteristics of the conflict and the objectives of the participants.

Suggested Citation

  • Steven Plaut, 2004. "Misplaced Applications of Economic Theory to the Middle East," Public Choice, Springer, vol. 118(1_2), pages 11-24, January.
    • Handle: RePEc:kap:pubcho:v:118:y:2004:i:1_2:p:11-24
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    Cited by:

    1. Jan Schnellenbach, 2006. "Appeasing nihilists? Some economic thoughts on reducing terrorist activity," Public Choice, Springer, vol. 129(3), pages 301-313, December.
    2. Charles Rowley & Jennis Taylor, 2006. "The Israel and Palestine land settlement problem, 1948–2005: An analytical history," Public Choice, Springer, vol. 128(1), pages 77-90, July.
    3. Raphaël Franck & Arye Hillman & Miriam Krausz, 2005. "Public Safety And The Moral Dilemma In The Defense Against Terror," Defence and Peace Economics, Taylor & Francis Journals, vol. 16(5), pages 347-364.
    4. Arye Hillman, 2007. "Economic and security consequences of supreme values," Public Choice, Springer, vol. 131(3), pages 259-280, June.
    5. Hillman, Arye L., 2010. "Expressive behavior in economics and politics," European Journal of Political Economy, Elsevier, vol. 26(4), pages 403-418, December.
    6. Arye Hillman, 2011. "Expressive voting and identity: evidence from a case study of a group of U.S. voters," Public Choice, Springer, vol. 148(1), pages 249-257, July.
    7. Barry Charles Ezell & Steven P. Bennett & Detlof Von Winterfeldt & John Sokolowski & Andrew J. Collins, 2010. "Probabilistic Risk Analysis and Terrorism Risk," Risk Analysis, John Wiley & Sons, vol. 30(4), pages 575-589, April.
    8. Hojman, David E. & Hiscock, Julia, 2010. "Interpreting suboptimal business outcomes in light of the Coase Theorem: Lessons from Sidmouth International Festival," Tourism Management, Elsevier, vol. 31(2), pages 240-249.

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